Entity 2018 Tax Rate Homestead Exemptions
(subject to application and verification of eligibility)
State Mandated
Optional
Regular
Over-65
Disability
Regular
Over-65
Disability
Counties
Mitchell County  0.57851 None None None None $12,000 None
Lateral Road  0.009

 $3,000

 None $3,000 None $12,000 None
Cities
City of Colorado  0.635602 None None None None None None
City of Loraine 0.888597 None None None Greater of: 10% or $5,000 Greater of: 10% or $5,000 Greater of: 10% or $5,000
City of Westbrook 0.254974 None None None Greater of: 10% or $5,000 Greater of: 10% or $5,000 Greater of: 10% or $5,000
Schools
Colorado Independent School District 1.62101 $25,000 $10,000 $10,000 None None None
Loraine Independent School District 1.48660 $25,000 $10,000 $10,000 None None None
Westbrook Independent School District 1.04 $25,000 $10,000 $10,000 None None None
Forsan Independent School District 1.39858 $25,000 $10,000 $10,000 None None None
Ira Independent School District 1.64 $25,000 $10,000 $10,000 None None None
Roscoe Independent School District 1.40 $25,000 $10,000 $10,000 None None None
Special
Mitchell Co Hospital District 0.367694 None None None None None None
Lone Wolf Ground Water Cons. District 0.025539 None None None None None None